Equities research analysts expect Victory Capital Holdings Inc (NASDAQ:VCTR) to announce earnings of $0.96 per share for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Victory Capital’s earnings. The lowest EPS estimate is $0.92 and the highest is $0.98. Victory Capital posted earnings of $0.35 per share during the same quarter last year, which would indicate a positive year over year growth rate of 174.3%. The company is scheduled to issue its next quarterly earnings report on Tuesday, May 12th.

On average, analysts expect that Victory Capital will report full-year earnings of $3.96 per share for the current fiscal year, with EPS estimates ranging from $3.80 to $4.18. For the next year, analysts forecast that the business will report earnings of $4.11 per share, with EPS estimates ranging from $4.00 to $4.27. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that follow Victory Capital.

Victory Capital (NASDAQ:VCTR) last issued its earnings results on Thursday, February 13th. The company reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.12. Victory Capital had a return on equity of 28.63% and a net margin of 14.05%. The firm had revenue of $218.55 million for the quarter, compared to the consensus estimate of $217.65 million.

A number of brokerages have recently commented on VCTR. Zacks Investment Research upgraded Victory Capital from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a research note on Friday, January 24th. Barclays reiterated a “buy” rating and set a $25.00 price target on shares of Victory Capital in a research report on Thursday, January 23rd. B. Riley increased their price target on Victory Capital from $24.00 to $27.00 and gave the stock a “buy” rating in a research report on Thursday. JPMorgan Chase & Co. downgraded Victory Capital from an “overweight” rating to a “neutral” rating and increased their price target for the stock from $21.00 to $22.00 in a research report on Friday, December 13th. They noted that the move was a valuation call. Finally, Royal Bank of Canada reiterated a “buy” rating and set a $25.00 price target on shares of Victory Capital in a research report on Monday, January 20th. One analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $24.88.

Hedge funds have recently modified their holdings of the business. FNY Investment Advisers LLC purchased a new position in Victory Capital during the third quarter worth approximately $30,000. Barclays PLC boosted its position in Victory Capital by 392.1% during the third quarter. Barclays PLC now owns 3,307 shares of the company’s stock worth $51,000 after purchasing an additional 2,635 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in Victory Capital by 420.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,952 shares of the company’s stock worth $83,000 after purchasing an additional 3,192 shares in the last quarter. State of Tennessee Treasury Department acquired a new position in shares of Victory Capital during the fourth quarter valued at approximately $136,000. Finally, Victory Capital Management Inc. raised its holdings in shares of Victory Capital by 15.9% during the fourth quarter. Victory Capital Management Inc. now owns 8,096 shares of the company’s stock valued at $170,000 after acquiring an additional 1,108 shares during the last quarter. Institutional investors own 15.23% of the company’s stock.

Shares of VCTR traded down $0.15 during mid-day trading on Friday, reaching $22.15. The company had a trading volume of 398,334 shares, compared to its average volume of 126,679. Victory Capital has a 52-week low of $11.84 and a 52-week high of $24.83. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.99. The stock has a market capitalization of $1.46 billion, a P/E ratio of 23.56, a PEG ratio of 0.14 and a beta of 1.80. The stock has a 50 day moving average of $21.37 and a two-hundred day moving average of $18.40.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 25th. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.20 dividend on an annualized basis and a yield of 0.90%. Victory Capital’s dividend payout ratio is currently 13.70%.

About Victory Capital

Victory Capital Holdings, Inc, together with its subsidiaries, operates as an independent investment management company in the United States. It offers investment advisory, fund administration, and distribution services through broker-dealers, retirement platforms, and registered investment advisor networks.

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